Black business owners see opportunity at Avondale Town Center
54 percent of retailers are Black-owned
Black business owners see opportunity at Avondale Town Center
and last updated 2020-12-11 18:48:51-05
Despite the COVID-19 pandemic, signs of growth continue within Avondale Town Center on Reading Road, where commercial tenants are moving ahead with opening new businesses.
âWe are at a 63 percent occupancy rate for signed leases,â said Reginald Harris, director of community life for The Community Builders, the developer and property management company overseeing the Avondale Town Center redevelopment.
The largest open space is 15,000 square feet, which will be split between a much-needed grocery store option and the Urban League of Greater Southwest Ohio s new Center for Social Justice. Now, several prime commercial spaces facing Reading Road are under lease, and a majority of new establishments are owned by African Americans.
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Cincinnati Children s Hospital Medical Center is investing more than $10 million into the neighborhood and a Findlay Market vendor plans to open a new grocery in the Avondale Town Center.
Joining
Cincinnati Edition to discuss the Avondale Town Center and investment in the community is Community Builders Director of Community Life Reginald Harris; Cincinnati Children s Hospital Medical Center Director of Community Relations Adison Nelson; Cozy Home Child Care and Learning Center Owner Morgan Hill; and Avondale resident Aunnie Richardson.
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Cincinnati Edition live at noon M-F. Audio for this segment will be uploaded after 4 p.m. ET.
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